Is Moorpark, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moorpark is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Moorpark has remained a Seller's Market.

Key Takeaway

Moorpark is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Moorpark, CA

How much do homes in Moorpark, CA cost?

Median Sold Price

$863,333

$456/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$12,500(+1.5%)

Key Takeaway

Homes in Moorpark have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Moorpark was $863,333 in May 2024, up 1.5% from last year, and the median price per square foot was $456.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$2.6M
N/A
2 $554K$629K
+13.5%
3 $743.1K$760K
+2.3%
4 $990K$1.0M
+2.0%
5+ $1.2M$1.3M
+10.3%

Summary: Moorpark housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 10.3%.

Median Sold Price Compared To Nearby Cities

Las Posas
+27.5%
Simi Valley
+3.3%
Moorpark
+1.5%

Housing Supply in Moorpark, CA

How many homes are available in Moorpark, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
8583-2.4%

Summary: The Moorpark real estate market had 83 homes for sale in May 2024, a 2.4% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1311
-15.4%
3 2523
-8.0%
4 2731
+14.8%
5+ 2018
-10.0%

Summary: The Moorpark housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3527-22.9%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moorpark, you could pay more than the asking price. 59.3% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in Moorpark in May 2024, down by 22.9% month-over-month. Of the 27 sold homes, 26% were sold under asking, 15% were sold at asking, and 59% were sold over asking.

Days on Market for Moorpark, CA

How long does it take to sell a home in Moorpark, CA?

Average Sale Time

May 2023May 2024CHANGE
43 Days19 Days-54.5%

Summary: Homes in Moorpark had an average of 19 days on market in May 2024, down by 54.5% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Moorpark are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 27 homes were sold in Moorpark; 78% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Moorpark, CA

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